INTEGRATED DEVICE TECH
(IDTI-Nasdaq):
Technical Viewpoint: From a low
of $75 1/4 on Aug 30, 2000 prices
rallied, reaching a
high of $95 5/8
on Sep 12, 2000. A
decline saw prices pull back, reaching a
low of
$85 3/4 on Sep 13, 2000.
Another rally saw prices penetrate
resistance, closing 9/18/00
at $96 1/4. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Aug 14, 2000 when the Histogram crossed the "0" line to the upside.
Support: Remains at $91.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Sep 14, 2000. A P&F upside
reversal takes place at $91.00. Summary: Technical indicators have turned bullish. BUY! INTEGRATED DEVICE TECH
(IDTI-Nasdaq) @ $97 1/4 Stop: Use a protective stop of $94 1/2.
INTEGRATED DEVICE TECH is currently trading @ $96 1/4 plus $5 1/4 on Sep 18, 2000. Price Objective:
$114.00. Risk/Reward: $2 3/4 VS. $16 3/4. Today's Risk Reward Ratio: 6:1
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